FilingReader Intelligence

Beingmate advances share buyback, completes employee stock plan transfer

October 10, 2025 at 05:02 AM UTCBy FilingReader AI

Beingmate announced progress on its share repurchase program, approved April 29, 2025. As of September 30, 2025, the company had repurchased 5,967,454 shares through centralized bidding, representing 0.5525% of its total share capital. The total transaction amount reached 38,721,125.92 yuan, with prices ranging from 6.14 yuan to 7.21 yuan per share. The company plans to continue the repurchase within the specified period.

In a related development, Beingmate completed the non-trade transfer for its sixth employee stock ownership plan. On September 30, 2025, 13,623,211 shares, representing 1.26% of the company's total share capital, were transferred to the "Beingmate Co., Ltd. – Sixth Employee Stock Ownership Plan" special securities account. The total subscription amount for this plan was 47,681,238.50 yuan.

The shares for the employee stock ownership plan were sourced from shares repurchased under two previous programs: 20,245,991 shares from a program initiated in August 2022 and 51,218,376 shares from a program initiated in January 2024. The transfer price for the employee stock ownership plan was 3.50 yuan per share, with a 12-month lock-up period starting from the transfer date.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002570Shenzhen Stock Exchange
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